Yokohama Tire Corporation’s new 430,000 square-foot distribution centre in Wilmer, Texas is now officially open. The facility, which is located 15 miles southeast of Dallas, is LEED-certified, verifying that it’s sustainable building credentials. It will initially be used to distribute Yokohama’s passenger car/light truck tyres, followed by commercial truck/bus products in 2022, according to Rick Alonzo, Yokohama Tire’s vice president of supply chain and logistics.
With an increasing number of countries and regional groupings implementing anti-dumping and countervailing policies against Chinese-produced, Chinese tyremakers are describing the situation as “not optimistic”. However, facing the harsh international trade environment head-on, Jinyu Tire reports that it has a number of solutions for the current market problems.
Kirkby Tyres has invested 3.5 million euros in moving to new, larger premises in Dublin, Republic of Ireland in a move that was completed on Wednesday 21 July 2021. According to the company, “Kirkby Tyres Ireland operations serves all geographical areas in Ireland” and made the investment due to “increased sales activities and opportunities”.
Trelleborg Wheel Systems has taken steps to expand its stock and warehousing operation in Lydney, Gloucestershire in order to offer faster shipping across the UK. According to the company, the site previously only held Trelleborg’s range of material handling and earthmover tyres. Now it houses the Trelleborg’s entire range of agricultural tyres, allowing the company to store twice as many products and offer immediate delivery on a wider variety than ever before.
Stone Tyres in St Helens has submitted plans to St Helens Council regarding the expansion of his growing tyre retail business. Despite the advertising of the last 12 months, Stone Tyres has continued to grow – especially the firm’s Gorilla Tyres mobile tyre fitting sister business. However, the latest expansion plans refer to bricks and mortar business and specifically to the construction of an MOT centre next to the Stone Tyres premises.
Shandong Linglong Tire Co. Ltd is investing 6.066 billion yuan (£669.678 million; 779.348 million euros; US$949.830 million) in its latest tyre factory. Tyres & Accessories has confirmed that the roughly billion-dollar Tongchuan City factory project will put sustainability at the heart of its plans, which include largescale retread capacity.
The board of Shandong Linglong Tire Co., Ltd has agreed to build its sixth Chinese tyre factory in Tongchuan City, Shaanxi Province. The construction site is located in Dongjiahe Circular Economy Industrial Park, Yaozhou District, Tongchuan City, Shaanxi Province and will be home to large and modern factory manufacturing tyres for a wide range of business segments.
The board of Shandong Linglong Tire Company Ltd has revised its 10-year “medium and long-term development plan (2020-2030)” to focus on a 7+5 rather than a 6+6 tyre manufacturing capacity expansion model. Up till April 2020, Linglong has worked according to a 5+3 plan, but last year this was upgraded to 6+6, meaning the company plans to run six tyre factories in China as well as six situated in international locations. However, according a stock market filing dated 10 June 2021, Linglong’s board voted unanimously in favour of running a total of seven plants in China and five internationally.
Cooper Tire has “officially joined the Goodyear team”. That’s how Cooper Tire general manager EMEA, Jaap Van Wessum characterised the takeover of the company by fellow US tyremaker Goodyear, which was completed on 7 June 2021. Van Wessum also offered further details of what Cooper’s integration into Goodyear means for Cooper suppliers and partners.
Jiangsu General Science Technology Co. Ltd (Jiangsu General) has announced plans to invest 1.304 billion yuan (£143.888 million; 167.458 million euros; US$203.947 million) in the construction of “high-performance semi-steel radial tyre projects in Cambodia”.
On 28 May 2021 growing Thai tyre retail chain, B-Quik opened two new centres on the Tiwanon road in north Bangkok. The addition of the two centres, which are spaced 8 kilometres apart, follows the opening of two more Thai branches at the start of April 2021.
BA Bush & Son Ltd has recently moved into new head offices in Horncastle as part of planned expansion. According to the company, the new offices provide not only more space but also a large meeting and conference room and more opportunity for the team to work together across sales, marketing, and finance once Covid-19 regulations permit.